Discover the Charm of Rye, NY - A Town with a Rich History and Scenic Beauty

The Charm of Rye, NY 

Rye, NY is a picturesque town located in Westchester County and home to 16,000 people. The town is known for its charming streets, scenic beauty, and rich history. One of the main attractions of Rye is the Rye Playland Park, which is an amusement park that offers a wide range of rides and games for visitors of all ages. The park has been a popular destination for vacationers and day trippers for decades and is a must-see attraction for anyone visiting the town.

Another popular destination in Rye is Oakland Beach, which is a beautiful spot that offers a great view of Long Island Sound. The beach is perfect for swimming, sunbathing, and relaxing. Visitors can also take a stroll along the boardwalk or take a dip in the water. The beach is a great spot to enjoy the summer months and is a perfect place to unwind and escape the hustle and bustle of city life.

The town of Rye is also well connected to the rest of the city and is easily accessible by car or public transport. The Metro-North New Haven line offers a 43-minute express train to NYC and a 58-minute ride with the local train. The town also has easy access to I-95 and the Hutchinson Parkway, making it a convenient location for those who need to commute to the city.

The town of Rye is also home to a number of golf and beach clubs, as well as walking trails, marshland conservatories, and nature centers. These places offer visitors the opportunity to enjoy the natural beauty of the area and explore the local flora and fauna.

Rye Link for recent sales data: RYE

The real estate market in Rye is also thriving, with homes in the area selling for 98% of their initial listing price. The median sales price of homes in the area is $1,617,500, and they are typically on the market for an average of 41 days. The average price per square foot is $686, making it an excellent place to invest in real estate.

If you are looking for a realtor in Rye, NY, look no further than Thomas Roberts or RealtorTom.

The 3rd Quarter Fall Real Estate Market Update

 Hi Everyone,

I just wanted to give you the current end-of-the- 3rd quarter update on the real estate market in Westchester County.  

This summer the housing market continued to be very tight with limited housing inventory and prices for consumables such as food, oil, gas, and household items have remained high. I have attached the CPI chart so you can review it (St. Louis FRED CPI). House prices for single-family homes over that past year have increased. Many frustrated home buyers have had to consider the increase in mortgage rates and home prices to readjust their housing searches.  Also, as a result, many home sellers are unable to tap into the equity in their homes preventing them from moving forward with their next housing plans.  So the vicious housing shortage cycle will continue.

I want to point out that this does not mean that the current housing market is in a bubble and home prices will come crashing down. There will be a decline in home prices, however, 65% of the US population owns a home (Homeownership St. Louis Fred) where they are paying a mortgage rate of 3%. Also, keep in mind that 37% of that number (65%) of homeowners have paid off their mortgages completely.  

So, at this point, many homeowners are not under any pressure to sell their homes, meaning the housing inventory will remain tight.  

Please keep in mind that if there are large numbers of job layoffs and the unemployment numbers rise, people will be forced to sell their homes and increasing inventory will bring home prices down.

Current Mortgage Rates

In the town and city links below - you can toggle between different home styles Such as single family, condo, and Co-op to see how that property type is doing in the current market.

Below are the clickable links that show the price points of houses, condos and co-ops in all the communities in Westchester. Lower Westchester City of Yonkers Tuckahoe Bronxville Mount Vernon Pelham New Rochelle Eastchester Larchmont Mamaroneck Scarsdale Ardsley The Rivertowns Hastings on Hudson Dobbs Ferry Irvington Tarrytown Sleepy Hollow Ossining Briarcliff Manor Central Westchester White Plains Harrison Rye Rye Brook Port Chester Greenburgh Mount Pleasant Elmsford North Castle Pleasantville Northern Westchester Peekskill Croton on Hudson Cortlandt Buchanan Yorktown New Castle Mount Kisco Bedford Pound Ridge Lewisboro North Salem Somers

Home is where the Hearth is 🔥🔥🔥

In ancient Greece, Hestia was the goddess of the hearth. People back in ancient times as they do today still stare into a fire.  It’s comforting light and warmth makes us feel secure and protected. Today many houses have a hearth and or a fireplace as a central focal point of a room.  They create a feeling of warmth and security.  Please enjoy these pictures of various fireplaces that I have taken while showing homes in Westchester.